Argentina, Armenia, Ecuador, Ghana, Indonesia, Liberia, Mongolia, Nigeria, Philippines, Senegal, Zambia

Opening Extractives

Extractive Industries Transparency Initiative (EITI) and Open Ownership (OO)

Opening Extractives

Mission

End the use of anonymous companies linked to corruption and mismanagement in the extractive sector

Goals

Open Ownership (OO) and the Extractives Industry Transparency Initiative (EITI) International Secretariat have partnered to deliver Opening Extractives, a global programme to catalyse the availability and use of beneficial ownership data.

The programme's three objectives are:

  • Implementing beneficial ownership transparency effectively

  • Driving progress towards beneficial ownership transparency internationally

  • Using beneficial ownership data to realise its impact

Stakeholders

Opening Extractives takes a multi-stakeholder approach, bringing together governments, companies, civil society and other stakeholders to drive forward the necessary legal and technical reforms.

Activities

The programme combines political and technical engagement with participating countries to implement reforms on beneficial ownership disclosure in the extractive sector. It builds on the collaboration of OO and the EITI in delivering workshops, training and technical assistance in a broad range of countries.

This information is gathered from open-source data and in some cases has been provided by initiative facilitators. We cannot guarantee the accuracy or completeness of the information and do not take responsibility for decisions made on the basis of it. Please inform us of any errors by emailing us.

Start Year

Status

  • active
    The initiative or project is currently being worked on.

Countries Host

Scope

  • international
    Initiative that operates in two or more countries and the countries can be specified.

Industry

Stakeholders

  • Private sector
    Privately owned commercial (for-profit) entities of all sizes, including SMEs
  • Public sector
    National and sub-national, local government entities, agencies from all branches (policy-making, executive, adjudication)
  • Civil society
    non-governmental organisations (national or international), foundations funded by private entities, faith-based organisations, Professional associations, Industry associations, Chambers of Commerce, Local Global Compact Networks

Type

  • Engagement-focused initiative
    Joint declarations of intent, Joint capacity and learning initiatives, Industry-specific working groups, Joint events/awareness raising, Joint activities and integrity tools
  • Standard-setting initiative
    Codes of conduct, Industry/country anti-corruption policies/compliance standards, Self-assessments tools and mechanisms/methodologies, Implementation tools

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